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The World Trade Organisation is the successor to which multilateral treaty ?

  • A.Marrkesh Agreement
  • B.Doha Declaration
  • C.General Agreement on Tariffs and Trade
  • D.Uruguay Round

Answer: C

The WTO succeeded the General Agreement on Tariffs and Trade.

GATT, signed in 1947, governed world trade for nearly fifty years without being a formal organisation. Its last negotiating round, the Uruguay Round (1986-1994), created the World Trade Organization, which began on 1 January 1995 and absorbed GATT 1994 as one of its agreements.

The Marrakesh Agreement (printed 'Marrkesh') is the treaty that established the WTO, not the treaty it succeeded. The Uruguay Round is the negotiation that produced it, and the Doha Declaration of 2001 launched a later WTO round.

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